Amundi Reduces Stake in Vistra Corp.

Amundi has decreased its investment in Vistra Corp. (NYSE:VST) by 12.3% during the fourth quarter, as revealed in its latest Form 13F filing with the Securities and Exchange Commission (SEC). After selling 105,530 shares during this period, Amundi's current ownership stands at 751,512 shares in the company. This represents approximately 0.22% of Vistra, valued at $103,611,000 as of the end of the most recent reporting period.

Alongside Amundi, several other hedge funds have adjusted their positions in Vistra. PNC Financial Services Group Inc. increased its stake by 41.2% in the fourth quarter, bringing its total ownership to 30,057 shares worth $4,144,000 after acquiring an additional 8,766 shares. Meanwhile, Value Star Asset Management Hong Kong Ltd. entered a new position in Vistra, investing around $2,068,000, and Edgestream Partners L.P. also initiated a new investment valued at about $4,357,000. Callan Family Office LLC raised its stake significantly by 215.9%, now owning 33,776 shares worth $4,657,000 after adding 23,084 shares. Lastly, E Fund Management Co. Ltd. purchased a new stake in Vistra for approximately $756,000. Overall, institutional investors control around 90.88% of Vistra's stock.

Vistra Stock Performance

On a recent trading day, Vistra's shares opened at $108.03. The company maintains a debt-to-equity ratio of 4.68, a current ratio of 1.11, and a quick ratio of 0.99. With a market capitalization of $36.62 billion, Vistra has a P/E ratio of 20.15 and a P/E/G ratio of 1.12. The stock's beta is recorded at 1.21. Over the last 50 days, the average stock price has been $158.02, while the 200-day simple moving average is $136.25. Vistra's stock has fluctuated significantly, with a fifty-two week low of $57.50 and a high of $199.84.

Vistra Increases Dividend

Recently, Vistra announced a quarterly dividend, set to be paid on March 31st. Shareholders who are on record as of March 20th will receive a dividend of $0.2235 per share. The ex-dividend date is also March 20th. This change marks an increase from Vistra's previous quarterly dividend of $0.22, resulting in an annualized dividend of $0.89 and a yield of 0.83%. Currently, the company's dividend payout ratio (DPR) is 12.62%.

Analyst Ratings

Shares of VST have garnered attention from analysts, with several reports influencing its rating. UBS Group recently raised its price target from $161.00 to $174.00, rating the stock as "buy". Evercore ISI has started coverage with an "outperform" rating and a price target of $202.00. In another analysis, Daiwa Capital Markets began coverage with a "neutral" rating and a target price of $120.00. BMO Capital Markets also adjusted its target price upwards from $151.00 to $191.00, maintaining an "outperform" rating. Additionally, Bank of America upgraded Vistra from a "neutral" to a "buy" rating, though it lowered its target price from $164.00 to $152.00. Currently, the consensus rating among analysts is classified as a "Moderate Buy" with an average target price of $162.83.

Vistra Profile

Vistra Corp. operates as an integrated electricity and power generation company through its subsidiaries. The company is organized into six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It provides electricity and natural gas services to residential, commercial, and industrial customers across various U.S. states and the District of Columbia.

Amundi, Vistra, Shares